Best Buy Target Price Odds to finish over 45.5054

Current Price

Horizon

Target Price

Above Odds

Below Odds

73.18

30 days

45.51

close to 100%

near 1%

Based on normal probability distribution, the odds of Best Buy to stay above $ 45.51 in 30 days from now is close to 100%. Probability of Best Buy Co price to stay between $ 45.51 and its current price of $73.18 at the end of the 30-day period is about 51.06%.

Considering 30-days investment horizon, Best Buy has beta of 0.9688 . This suggests Best Buy Co Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Best Buy is expected to follow. Additionally Best Buy Co Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW